(Bloomberg) -- Indonesia bought back 1.44 trillion rupiah ($158.6 million) of local-currency bonds maturing from 2008 to 2012 and sold the same amount of longer-term notes to lower its interest costs, the Ministry of Finance said.
The government sold 10.25 percent bonds due in July 2022 at a price of 100.55 and a yield of 10.174 percent, the ministry said in a statement in Jakarta today. Investors submitted bids of 4.78 trillion rupiah for the debt on offer.
Read more at Bloomberg Bonds News
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